Forte Trinity Limited - Limited company - abbreviated

REGISTERED NUMBER: 03345091 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

FORTE TRINITY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C J H Best

Mrs S Best

S I Bennett

SECRETARY:

Mrs S Best

REGISTERED OFFICE:

c/o 41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

REGISTERED NUMBER:

03345091 (England and Wales)

ACCOUNTANTS:

Abrams Ashton

Chartered Accountants

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

FIXED ASSETS

Tangible assets

2

9,943

10,588

CURRENT ASSETS

Stocks

4,300

4,250

Debtors

141,636

145,446

Cash at bank and in hand

462

2,247

146,398

151,943

CREDITORS

Amounts falling due within one year

68,267

77,065

NET CURRENT ASSETS

78,131

74,878

TOTAL ASSETS LESS CURRENT
LIABILITIES

88,074

85,466

PROVISIONS FOR LIABILITIES

1,483

1,501

NET ASSETS

86,591

83,965

CAPITAL AND RESERVES

Called up share capital

3

14,444

Share premium

150,298

Profit and loss account

(78,151

)

(80,777

)

SHAREHOLDERS' FUNDS

86,591

83,965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 October 2014 and were signed on its behalf by:

Mrs S Best - Director

S I Bennett - Director

C J H Best - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the value of services provided to customers during the year, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

There are 2 directors to which retirement benefits are accruing.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

53,616

Additions

893

At 30 April 2014

54,509

DEPRECIATION

At 1 May 2013

43,028

Charge for year

1,538

At 30 April 2014

44,566

NET BOOK VALUE

At 30 April 2014

9,943

At 30 April 2013

10,588

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

10,158

Ordinary 'A'

£1

10,158

4,286

Ordinary 'B'

£1

4,286

14,444

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2014 and

30 April 2013:

30.4.14

30.4.13

£

C J H Best and Mrs S Best

Balance outstanding at start of year

24,099

29,895

Amounts advanced

-

1,790

Amounts repaid

(6,341

)

(7,586

)

Balance outstanding at end of year

17,758

24,099

Forte Trinity Limited - Limited company - abbreviated - 11.6

Forte Trinity Limited - Limited company - abbreviated - 11.6